Second Dip BTC 33k to 32 let see what's goin next this year 2022 we face lots of dips
Just below us is the 100-week moving average. I expect a backlash from here. If he breaks this point, he can pin around 28.5K. I don't even want to think about below 28.5K support. The 50-month or 200-week moving average range indicates a pricing of around 18-19K. Technical support is at the same points. In the worst case scenario, we can see the range of 6.5-11K.
BTC is forming an Head and Shoulders pattern on the daily chart of BTC/USD
FTM is a fantastic project and I made a mistake not holding this short and entering long on TOMB Finance. It will bounce as BTC will over the next week or 2 and most likely regain over the 2.1-2.2 area, here I will be exiting positions with whatever cash is left and entering short for the weeks afterwards. I will accumulate more FTM on the way down but it is...
BTC/USD: Follow up So it took a bit longer than we thought but (unfortunately) we were tight. Bitcoin dropped to the first support, closed the 4H candle there and immediately dropped to the second support line and bounced a bit. What now? Bitcoin will once again try to fall below $42,200 during the next 24 hours. In case it will, we will likely see a fast drop...
BTC saw a huge pump at US market open, causing RSI to get way overbought heading into a strong resistance level. We closed our long position in the green and immediately flipped short for a quick scalp. TARGET 1: $42,179 TARGET 2: $40,901 Let it burn. Best of luck, friends.
In my personal opinion BTC will not be able to hold support above 39k much longer. With rising interest rates I am very confident that btc will drop to support at 29k.
Big falling wedge triangle forming till 40k, W forming on daily, we are getting ready to moon guys!!! Sorry for the little description I'm new to this, hope you enjoy my analysis.
BITSTAMP:BTCUSD Bitcoin is about to make a HUGE push within the next few days. Right now it's sitting in a pretty quite neutral area where it has to test the respected support line where it formed a double bottom at. If BTCUSD breaks the resistence line here it would go up and make new highs thus pushing the price upwards and build momentum for the upcoming...
Been tracking this rising wedge for 2+ days now, filling up shorts. If you've been patient it's not too late to open up your shorts at nicely high prices. Unsure if we go straight to 37k from here, or we correct this few day move for an even larger 1:1 extension before the dump. Do your own analysis. Are you bull or bear?
Bitcoin whales and institutions love to push the price past resistance, where this movement will trigger short stoploss market orders (aka stop buy limit orders) and also buy stop limit orders. Both of these in tandem creates a low-grade short squeeze used as liquidity to sell into.
Bitcoin is doing what in my opinion is head and shoulders chop pot. It is completing the second shoulder heading to retest already previous tested support.
Bitcoin is short for now It may crash hard it broke the current support Don't sell just HOLD
take it easy next targets 30$&32$ after 30$-->75$ It may take several months. Do you agree with me?
BTC formed a big wedge over a long period of time and we now seem to break down. We got a big retest which is a clear breakdown. The target of this wedge is at 32k. The wedge is basically bullish because it has a flat resistance. We also formed a double top which is a very bad sign for Bitcoin. Especially cryptos react very hard to double tops. All in all I would...
A very beautiful head & shoulder pattern, which aims at around $ 20,000, is fully valid and the RSI trend line is now validly broken and this is very important, because this line is the price process since 2018. Therefore, Bitcoin is definitely poured up to $ 20,000,lol and the alt coin,s will drop more than 80%. And definitely the bullish market is over and we...
Hi guys, here are my thoughts on the bitcoin alternatives in the near future.